Earlier quoted context omitted.
Yeah, but the salaries are much, much lower. SF: ~$167k USD p.a. - https://www.builtinsf.com/salaries/dev-engineer/software-eng... Stockholm: 45k SEK per month = ~$63k USD p.a. - https://www.glassdoor.com/Salaries/stockholm-software-engine... Taxes are also much higher (especially if your employer has good health insurance coverage in the US, so the added benefits are less). Like I pay an average 40% rate on income p…
Don't forget the 31.42% payroll tax that's hidden from your salary but a tax right on it. A salary of 50k SEK costs the employer 65.7k SEK on their books, which is what actually matters. The actual marginal taxrate flowing from your employers books at that level is somewhere up at 75%-80%, not even counting sales tax when you use the money.
Taxes are too high (on income), and wages are too low.